Advertising Disclosure
XTB vs Pepperstone
-
Updated:
Compare XTB Vs Pepperstone Side by Side
Considering whether to choose XTB or Pepperstone? We’ve conducted a comparison review of XTB and Pepperstone, including safety measures, licensing, trading terms, costs, trading platforms, available instruments, deposit and withdrawal conditions, and other vital considerations. This thorough side-by-side analysis is designed to assist you in making an informed decision.
Summary
| Feature | XTB | Pepperstone |
|---|---|---|
| Website | //www.xtb.com | //www.pepperstone.com |
| Founded year | 2002 | 2010 |
| Headquarter | UK | Australia |
| Licenses | UK, Poland, Belize, Spain | Australia, UK, Cyprus, Bahamas, Kenya, Germany, UAE |
| Minimum Deposit | US$ 0 | 200 US$ |
| Trading Platforms | MT4, xStation 5 | MT4, MT5, cTrader, TradingView |
| Eurusd avg Spread | 0.8 pips | 0.77 pips |
Licenses
| Feature | XTB | Pepperstone |
|---|---|---|
| Licenses Countries Info (short) |
|
|
XTB and Pepperstone are both well-respected financial institutions with multiple licenses and top-tier regulatory approvals that allow them to operate within the European Union and expand their global footprint. While both firms are highly reputable, Pepperstone has a slight advantage due to its additional licenses in Australia and Africa.
Broker Types
| Feature | XTB | Pepperstone |
|---|---|---|
| Broker types |
|
|
Both XTB and Pepperstone brokers are NDD. NDD brokers typically offer better transparency and a more direct market access experience, as they do not act as market makers and instead connect traders directly to liquidity providers or interbank markets.
Trading Conditions
| Feature | XTB | Pepperstone |
|---|---|---|
| Trading Conditions |
|
|
When comparing XTB vs Pepperstone, both are good choices for beginners due to their favorable trading conditions and both offer Islamic accounts with low spreads and no commissions. However, Pepperstone stands out a bit in terms of security. They offer a guaranteed stop-loss feature that not only enhances client protection but also provides extra advantages.
Fees & Commissions
| Fees & Commissions | XTB | Pepperstone |
|---|---|---|
| Inactivity Feemonth | $10 | 0 $ |
| Deposit fee | 0 $ | 0 $ |
| Withdrawal fee | 0 $ | 0 $ |
| Rollover fee eurusd buy 1 lot | -0.000940% | -0.693 |
| Rollover fee eurusd sell 1 lot | +0.004617% | 0.301 |
| Avg Eurusd standard acc | 0.8 pips | 0.77 pips |
| Gold | 35 | 0.13 |
| Brent oil | 4 | 2.3 pips |
| Bitcoin | 1% | 31.39 |
XTB vs Pepperstone both offer cost-effective trading options with minimal fees, including zero commissions for deposits and withdrawals. However, XTB imposes an inactivity fee. Additionally, both brokers maintain competitive spreads, such as their EUR/USD spreads, which are lower than the industry average of 1.2 pips.
Account Types
| Feature | XTB | Pepperstone |
|---|---|---|
| Account types |
|
|
Both XTB vs Pepperstone offer Standard. Also, traders following Sharia rules may sign up for a SWAP Free Account or Islamic account, which allows traders to open long-term positions.
Markets & Instruments
| Markets & Instruments | XTB | Pepperstone |
|---|---|---|
| Forex | 57 | 60+ |
| Indices | 42 | 14 |
| Commodities | 1849 | 9 |
| Cryptocurrencies | 25 | 9 |
| Shares | 1849 | 64 |
| Bonds | ❌ | ❌ |
| Options | ❌ | ❌ |
| Binary options | ❌ | ❌ |
| Spread betting | ❌ | 60+ |
| Treasuries | ❌ | ❌ |
| Futures | ❌ | ❌ |
| Etfs | 119 | 100+ |
Both XTB vs Pepperstone provide a diverse range of trading instruments, and their offerings are quite similar. However, it’s worth noting that the number of assets available with both brokers is relatively limited.
Trading Platforms
| Feature | XTB | Pepperstone |
|---|---|---|
| Platforms |
|
|
Pepperstone offers a broader selection of trading platforms, encompassing both MetaTrader platforms and advanced technical solutions like cTrader. In contrast, XTB provides a proprietary platform that appears to be customized for XTB users, and it also provides the MT4 platform but for a limited number of entities.
Deposit & Withdrawal Methods
| Feature | XTB | Pepperstone |
|---|---|---|
| Payment methods |
|
|
XTB vs Pepperstone provide nearly identical payment methods. Both brokers offer the flexibility of bank transfers, debit/credit cards, and a selection of widely used e-wallets as viable payment options.
Others
| Feature | XTB | Pepperstone |
|---|---|---|
| Others |
|
|
Others
Both XTB vs Pepperstone offer excellent customer support with live chat and telephone, however, Pepperstone has an advantage offering support 24/7. Both brokers prioritize trader education, offering a wide range of resources such as video tutorials, guides, and webinars. XTB provides a comprehensive array of educational resources, on the other hand, Pepperstone offers a solid selection of educational material, but it primarily caters to novice traders.
Conclusion on Pepperstone vs XTB
Concluding XTB vs Pepperstone comparison we found that both brokers are highly reputable, maintain strong international presences, and operate under robust regulatory frameworks. They both offer favorable trading conditions, an extensive range of trading instruments, and competitive trading fees. Nevertheless, we would give the advantage to XTB for its more advanced educational resources. And for advanced technical traders, we would recommend Pepperstone. Here is our final recommendation:
- XTB — 🥇Best MT4 STP Broker that guarantees a true STP Trading environment and delivers fair dealing conditions.
- Pepperstone — 🥇 Best CFD Broker with high levels of customer satisfaction
